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Wholesale electricity prices

Wholesale market prices only. They show what generators were paid, not what households pay. Compare household prices by country.

33 countries Published wholesale prices Updated May 31, 18:35 GMT+2 Monthly archive
Lowest average 🇪🇪 Estonia 18.4 EUR/MWh
Highest average 🇮🇹 Italy 129.3 EUR/MWh
Widest spread 🇩🇰 Denmark 464.3 EUR/MWh

Country ranking

Average wholesale price; multi-area countries use a simple area average.

Daily wholesale reference electricity price country ranking for Thursday, May 28, 2026. Values are normalized to EUR/MWh, exclude supplier tariffs and use a simple price-area average for countries with multiple areas.
Rank Country Avg EUR/MWh Low EUR/MWh High EUR/MWh Spread EUR/MWh Cheapest 3h Mobile summary
1
🇪🇪 Estonia
18.4 1.7- 125.5- 123.8 13:00-16:00 1.9 EUR/MWh Low 1.7 · High 125.5 High 125.5 Low 1.7 Low 1.7 · High 125.5
2
🇫🇮 Finland
18.5 1.7- 125.3- 123.6 13:00-16:00 1.9 EUR/MWh Low 1.7 · High 125.3 High 125.3 Low 1.7 Low 1.7 · High 125.3
3
🇧🇷 Brazil
4 price areas 		45.5 9.8- 56.3- 46.6 10:00-13:00 16.2 EUR/MWh Low 9.8 · High 56.3 High 56.3 Low 9.8 Low 9.8 · High 56.3
4
🇸🇪 Sweden
4 price areas 		46.9 1.1- 161.0- 159.8 12:00-15:00 2.1 EUR/MWh Low 1.1 · High 161.0 High 161.0 Low 1.1 Low 1.1 · High 161.0
5
🇳🇴 Norway
5 price areas 		62.5 13.1- 87.0- 73.9 13:00-16:00 28.3 EUR/MWh Low 13.1 · High 87.0 High 87.0 Low 13.1 Low 13.1 · High 87.0
6
🇪🇸 Spain
74.6 -5.2- 172.5- 177.7 12:00-15:00 -0.7 EUR/MWh Low -5.2 · High 172.5 High 172.5 Low -5.2 Low -5.2 · High 172.5
7
🇵🇹 Portugal
80.9 0.0- 172.5- 172.5 11:00-14:00 0.0 EUR/MWh Low 0.0 · High 172.5 High 172.5 Low 0.0 Low 0.0 · High 172.5
8
🇱🇹 Lithuania
82.8 0.3- 391.2- 391.0 12:00-15:00 0.8 EUR/MWh Low 0.3 · High 391.2 High 391.2 Low 0.3 Low 0.3 · High 391.2
9
🇱🇻 Latvia
82.8 0.3- 391.2- 391.0 12:00-15:00 0.8 EUR/MWh Low 0.3 · High 391.2 High 391.2 Low 0.3 Low 0.3 · High 391.2
10
🇫🇷 France
87.3 0.0- 172.5- 172.5 12:00-15:00 0.0 EUR/MWh Low 0.0 · High 172.5 High 172.5 Low 0.0 Low 0.0 · High 172.5
11
🇬🇧 Great Britain wholesale
92.3 10.7- 135.7- 125.0 12:00-15:00 14.0 EUR/MWh Low 10.7 · High 135.7 High 135.7 Low 10.7 Low 10.7 · High 135.7
12
🇧🇬 Bulgaria
102.6 0.0- 200.0- 200.0 13:00-16:00 0.0 EUR/MWh Low 0.0 · High 200.0 High 200.0 Low 0.0 Low 0.0 · High 200.0
13
🇲🇰 North Macedonia
106.2 2.0- 215.0- 213.0 10:00-13:00 2.7 EUR/MWh Low 2.0 · High 215.0 High 215.0 Low 2.0 Low 2.0 · High 215.0
14
🇲🇪 Montenegro
106.3 12.1- 190.0- 177.9 11:00-14:00 12.1 EUR/MWh Low 12.1 · High 190.0 High 190.0 Low 12.1 Low 12.1 · High 190.0
15
🇦🇹 Austria
108.8 -15.3- 314.5- 329.8 13:00-16:00 0.1 EUR/MWh Low -15.3 · High 314.5 High 314.5 Low -15.3 Low -15.3 · High 314.5
16
🇦🇱 Albania
109.1 12.0- 235.0- 223.0 09:00-12:00 19.5 EUR/MWh Low 12.0 · High 235.0 High 235.0 Low 12.0 Low 12.0 · High 235.0
17
🇷🇸 Serbia
109.4 0.1- 255.0- 254.9 12:00-15:00 0.5 EUR/MWh Low 0.1 · High 255.0 High 255.0 Low 0.1 Low 0.1 · High 255.0
18
🇨🇭 Switzerland
111.1 2.3- 213.8- 211.5 14:00-17:00 11.4 EUR/MWh Low 2.3 · High 213.8 High 213.8 Low 2.3 Low 2.3 · High 213.8
19
🇬🇷 Greece
112.6 0.0- 199.2- 199.2 13:00-16:00 0.0 EUR/MWh Low 0.0 · High 199.2 High 199.2 Low 0.0 Low 0.0 · High 199.2
20
🇩🇪 Germany / Lux.
112.9 -5.0- 340.1- 345.1 12:00-15:00 0.6 EUR/MWh Low -5.0 · High 340.1 High 340.1 Low -5.0 Low -5.0 · High 340.1
21
🇵🇱 Poland
113.8 -0.2- 354.4- 354.6 12:00-15:00 -0.1 EUR/MWh Low -0.2 · High 354.4 High 354.4 Low -0.2 Low -0.2 · High 354.4
22
🇧🇪 Belgium
122.2 0.0- 445.6- 445.6 12:00-15:00 0.0 EUR/MWh Low 0.0 · High 445.6 High 445.6 Low 0.0 Low 0.0 · High 445.6
23
🇱🇺 Luxembourg
122.3 0.0- 393.9- 394.0 12:00-15:00 0.0 EUR/MWh Low 0.0 · High 393.9 High 393.9 Low 0.0 Low 0.0 · High 393.9
24
🇸🇰 Slovakia
123.3 0.0- 406.7- 406.7 12:00-15:00 0.0 EUR/MWh Low 0.0 · High 406.7 High 406.7 Low 0.0 Low 0.0 · High 406.7
25
🇩🇰 Denmark
2 price areas 		123.8 -0.2- 464.1- 464.3 11:00-14:00 0.3 EUR/MWh Low -0.2 · High 464.1 High 464.1 Low -0.2 Low -0.2 · High 464.1
26
🇨🇿 Czechia
124.0 0.0- 407.3- 407.3 12:00-15:00 0.0 EUR/MWh Low 0.0 · High 407.3 High 407.3 Low 0.0 Low 0.0 · High 407.3
27
🇷🇴 Romania
124.5 0.0- 380.1- 380.1 13:00-16:00 0.0 EUR/MWh Low 0.0 · High 380.1 High 380.1 Low 0.0 Low 0.0 · High 380.1
28
🇸🇮 Slovenia
125.4 0.0- 376.3- 376.3 12:00-15:00 0.0 EUR/MWh Low 0.0 · High 376.3 High 376.3 Low 0.0 Low 0.0 · High 376.3
29
🇭🇷 Croatia
126.8 0.0- 376.3- 376.3 12:00-15:00 0.0 EUR/MWh Low 0.0 · High 376.3 High 376.3 Low 0.0 Low 0.0 · High 376.3
30
🇳🇱 Netherlands
127.2 -0.1- 445.6- 445.7 12:00-15:00 0.0 EUR/MWh Low -0.1 · High 445.6 High 445.6 Low -0.1 Low -0.1 · High 445.6
31
🇮🇪 Ireland
128.0 99.0- 174.0- 75.0 13:00-16:00 100.7 EUR/MWh Low 99.0 · High 174.0 High 174.0 Low 99.0 Low 99.0 · High 174.0
32
🇭🇺 Hungary
129.0 0.0- 406.7- 406.7 12:00-15:00 0.0 EUR/MWh Low 0.0 · High 406.7 High 406.7 Low 0.0 Low 0.0 · High 406.7
33
🇮🇹 Italy
7 price areas 		129.3 25.7- 201.0- 175.3 11:00-14:00 56.1 EUR/MWh Low 25.7 · High 201.0 High 201.0 Low 25.7 Low 25.7 · High 201.0

On Thursday, May 28, 2026, Estonia ranked lowest by average wholesale reference price, while Italy ranked highest. The widest price spread was in Denmark: 464.3 EUR/MWh.

Daily country electricity price ranking for 2026-05-28, based on published wholesale reference prices in EUR/MWh.

Methodology and source caveats

Included
Current wholesale reference markets only. Multi-area countries use a simple price-area average, not a load-weighted national average.
Excluded
Supplier tariffs, consumer estimates, stale data and historical benchmarks.
Sources
ENTSO-E Transparency Platform, CCEE Open Data, Elexon BMRS Open Data, PSE Reports API, SMARD Bundesnetzagentur

Methodology Monthly archive Household prices by country